CREDIT AGREEMENT Dated as of May 2, 2005 among AXSYS TECHNOLOGIES, INC., as the Borrower, THE SUBSIDIARY GUARANTORS PARTY HERETO, as Subsidiary Guarantors,Credit Agreement • July 26th, 2005 • Axsys Technologies Inc • Optical instruments & lenses • New York
This CREDIT AGREEMENT (“Agreement”) is entered into as of May 2, 2005, between AXSYS TECHNOLOGIES, INC., a Delaware corporation (the “Borrower”), the Subsidiary Guarantors (such term and each other capitalized term used but not defined herein having the meaning given to it in Article I), FLEET NATIONAL BANK, A BANK OF AMERICA COMPANY, as the lender (the “Lender”) and as the L/C Issuer, and FLEET NATIONAL BANK, A BANK OF AMERICA COMPANY, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties.
